C. K. Cooper & Company Sees Opportunity In AeroVironment (AVAV)

C. K. Cooper & Company analyst Alex Hamilton initiated coverage of AeroVironment, Inc. (Nasdaq: AVAV) with a Buy rating and a price target of $30.

Although AeroVironment is relatively unknown to most investors, the company, the maker of small unmanned aircraft systems, is "well known and respected within the defense community."

The C. K. Cooper & Company analyst wrote, "opportunities include: a shift in investor sentiment, a well focused management team, AVAV’s exposure to the sweet spot of federal spending and a clean balance sheet with no debt."